
Description
Turtle EA V3.03 is a fully automated MetaTrader 5 Expert Advisor based on the legendary Turtle Trading System. It captures market trends using breakout logic, ATR-based trailing stops, and volatility filters while eliminating human emotion.
π Key Features
- β‘ ATR-Based Trailing Stop β Adapts to market volatility automatically
- π EMA Trend Filter β Prevents counter-trend breakouts
- π‘οΈ AutoLock Equity Protection β Acts as a circuit breaker for drawdowns
- β±οΈ Pending Order TTL β Removes stale orders after set minutes
- π° Capital per Lot Sizing β Dynamic position scaling based on account equity
- π’ Magic Number Support β Run multiple instances without conflict
- π° Manual News Filter β Pause trading during high-impact events
- π Simultaneous Buy/Sell β Optional hedging capability
βοΈ Recommended Settings
Pairs: EURUSD, GBPUSD, USDJPY, XAUUSD (Gold)
Timeframe: H4 or D1 (Daily)
Capital per 0.01 lot: 1000 (for $10k account)
Enable EMA Filter: true
Enable ATR Filter: true
ATR Multiplier for SL: 1.5
Pending Order Distance: 50
TTL in Minutes: 1
Max Orders: 1
β Advantages
- βοΈ No grid, no martingale β pure trend following
- βοΈ Transparent logic using standard MT5 indicators
- βοΈ Works on Forex, Gold, and indices
- βοΈ Removes emotional trading decisions
- βοΈ Scalable risk via capital per lot
β Disadvantages
- β Low win rate (30-35%) β requires patience
- β Performs poorly in ranging markets
- β Requires larger account ($2,000+ minimum)
- β Not suitable for scalping or day trading
- β Needs ECN broker for optimal execution
Support & Disclaimer
Support
If you need help installing or configuring your EA, or face any kind of bug, feel free to reach out on:
WhatsApp: Click here
Telegram Group: Join our community
Disclaimer:
Forex and gold trading involve risk. Past performance doesnβt guarantee future results. Always test robots on demo before live trading and use proper risk management.
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